XML 47 R36.htm IDEA: XBRL DOCUMENT v3.20.1
FORECLOSED ASSETS (Tables)
 12 Months Ended
Dec. 31, 2019
FORECLOSED ASSETS  
Schedule of foreclosed assets activity

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 

 

    

2019

    

2018

    

2017

 

 

(dollars in thousands)

Beginning balance

 

$

9,559

 

$

16,545

 

$

16,224

Transfers from loans

 

 

2,520

 

 

2,518

 

 

10,212

Capitalized improvements

 

 

41

 

 

 —

 

 

 —

Proceeds from sales

 

 

(5,460)

 

 

(6,851)

 

 

(9,049)

Sales through loan origination

 

 

(2,046)

 

 

(1,220)

 

 

(150)

Net gain (loss) on sales

 

 

1,048

 

 

(268)

 

 

1,727

Direct write-downs

 

 

(563)

 

 

(1,165)

 

 

(2,419)

Ending balance

 

$

5,099

 

$

9,559

 

$

16,545

 

Schedule of gains (losses) on foreclosed assets

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 

 

    

2019

    

2018

    

2017

 

 

(dollars in thousands)

Direct write-downs

 

$

(563)

 

$

(1,165)

 

$

(2,419)

Net gain (loss) on sales

 

 

1,048

 

 

(268)

 

 

1,727

Guarantee reimbursements

 

 

80

 

 

 —

 

 

 —

Gain on settlement

 

 

375

 

 

 —

 

 

 —

Gain on foreclosure

 

 

 —

 

 

 96

 

 

974

Gains (losses) on foreclosed assets

 

$

940

 

$

(1,337)

 

$

282